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XL Group has said that it expects the UK’s Ogden rate change decision to cost it around $75 million. 2 March 2017
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Bermuda-based Maiden Holdings’ decision to delay the filing of the its 2016 annual report by up to 15 days has prompted AM Best to announce that it is monitoring the situation. 2 March 2017
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Argo Group subsidiary Ariel Re has launched the Xuber for Reinsurers platform across its Lloyd’s and Bermuda businesses. 2 March 2017
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Maiden Holdings has announced that its 2016 results were substantially down on the previous year after it was hit by a $120 million reserve charge. 1 March 2017
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Arch Reinsurance has created a new unit, Arch Underwriters (Gulf), based in the Dubai International Financial Centre (DIFC). 1 March 2017
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Ironshore Specialty Casualty has announced that its Public Entity division has introduced a policy extension that offers higher education institutions an automatic endorsement for expenses that come from campus operations being affected by natural or man-made incidents, including incidents involving firearms or other weapons. 1 March 2017
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StarStone, which was formerly known as Torus and which is now owned by Bermuda-based Enstar, has announced a steep rise in profits despite what it described as challenging circumstances. 28 February 2017
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Dee Lehane and Al-Noor Ramji have joined Bermuda-based re/insurer Argo Group’s board of directors. 28 February 2017
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Profits at Enstar Group, the Bermuda-based insurance group, increased in 2016, partly based on the solid performance of its subsidiaries StarStone and Atrium. 28 February 2017
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Bermuda-based Assured Guaranty saw its full year profits decline from $1.05 billion in 2015 to $881 million for 2016, a fall of 17 percent. 27 February 2017
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